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Melrose 02176 Mount Hood
91 Dexter Road
$530,500
● House - Off Market

91 Dexter Road

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,658 Ft²
$729,445
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

A rare find nestled in the woods near Mt Hood Golf Course. This 7 room, 3+ bedroom brick Ranch with 1,658 sq ft of interior space has beautiful hard wood floors and central C/A. Older kitchen in good condition with separate dining area that includes a nice built-in china cabinet. Large enclosed sun room which has electric heat and overlooks private back yard which abuts a pond (not on this property). 2 full baths. There is a Playroom in the lower level also heated with electricity for extra space. Roof was stripped & replaced in 2018, 100 amp CB. This home also abuts $1,000,000 homes. Land in back may be sold in the near future.
Unit Size
1,658 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$317
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72617066)

Price History

Date / Event Date Event Price
Mar 25, 2020 Sold
Premium
Sold
Feb 7, 2020 Listed by Century 21 Sexton & Donohue $525,000
Listed by Century 21 Sexton & Donohue

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,064
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,061
  • Total Building Area: 1,658
  • Gross Building Area: 2,338
  • Building Area: 1,658
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,658
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Melrose School District
  • School Tax School District: MELROSE SD
  • Census Tract: 336300

Zoning

  • Zoning: SRA

Geography

  • Parcel: MELR M:0H3 P:0000009
  • Municipality: MELROSE
  • Latitude: 42.4447
  • Longitude: -71.0388

    Address

  • Full Address: 91 Dexter Rd
  • Address - House Number: 91
  • Address - Street Name: Dexter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C025
  • 4-Digit Zip Code: 6501
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $570,000

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 722,401
  • High Value: 888,107
  • Low Value: 556,696

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $574,000
  • Assessed Land Value: $380,400
  • Assessed Improvements Value: $193,600

    Sales

  • Current Sale Contract Date: Mar 19, 2020
  • Current Sale Recording Date: Mar 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1838901
  • Previous Sale Recording Date: Jun 13, 2014
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mount Hood

Stats & Trends

Median Asking:

$997,500

Sale Price/ft²

$442

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2104 ft²

Average Home Age

107 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72617066

Frequently Asked Questions

When was property at 91 Dexter Road built and last sold?
The property at 91 Dexter Road was built in 1956 and last sold on Mar 19, 2020 for $530,500.
How much is this home worth?
The estimated value of the home located at 91 Dexter Road is $551,787.
What are some comparable homes to 91 Dexter Road?
There are currently no comparable homes to 91 Dexter Road.
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